PHSC PLC: Trading update

 3 February 2014                                       PHSC PLC                                                         ("PHSC", the "Company", or the "Group")                                                     Trading update                                   PHSC plc, a leading provider of health, safety, hygiene and environmental consultancy services and security solutions to the public and private sectors, is pleased to announce an update on its performance up to the end of the third quarter of its financial year.  Consolidated Group sales and EBITDA (per management accounts, unaudited) for the nine months ended 31 December 2013 were as below:  Group sales and other income: GBP 5,715,755 (nine months ended 31 December 2012: GBP 3,856,440).  EBITDA: GBP 475,378 (nine months ended 31 December 2012: GBP 362,800, adjusted for exceptional item).  Net assets stood at GBP 6,282,881 (at 31 December 2012: GBP 5,488,564) including cash at bank of GBP 180,000.  Stephen King, CEO, said: "The Group's total revenues are up 48% on this time last year, and EBITDA is 31% higher than for the corresponding period. All of the additional revenues and earnings arise from our two most recent acquisitions, B to B Links Limited and QCS International Limited. The remaining health and safety-related businesses continue to face challenging market conditions, but taken together they still account for the majority of Group income and profit."  "Trading was, as anticipated, noticeably lower over the Christmas and New Year period, with many clients closed down for the holidays or focussing on other priorities. In consequence, December's sales figures were adversely affected."  "The board looks forward to a strong final quarter in line with the trend in recent years and is confident that its previous projection of EBITDA for the full year of between GBP 700k-750k remains attainable."  -Ends-  For further information please contact:  PHSC plc Stephen King                               01622 717700  Northland Capital Partners Limited Gavin Burnell / Edward Hutton 020 7382 1100  John Howes / Alice Lane  About PHSC  PHSC plc, through its trading subsidiaries Personnel Health & Safety Consultants Ltd, RSA Environmental Health Ltd, Adamson's Laboratory Services Ltd, QCS International Ltd, Inspection Services (UK) Ltd and Quality Leisure Management Ltd provides a range of health, safety, hygiene, environmental and quality systems consultancy and training services to organisations across the UK. B to B Links Ltd offers innovative retail security solutions including tagging, labelling and CCTV.    END  -0- Feb/03/2014 07:00 GMT